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Dogecoin (DOGE) is a cryptocurrency that was actually started as a joke currency. It was started in 2013 and was simply a cryptocurrency used for fun. Dogecoin features the likeness of the Shiba Inu dog from the “Doge” Internet meme. Unlike many other cryptocurrencies, Dogecoin has billions of coins in circulation. More than 100 billion coins are said to in circulation and that number continues to increase. As well as for Bitcoin Sports Betting
Dogecoin has a very small value because so many coins are in circulation but it has a loyal following and some social media users have taken to using Dogecoins to tip others for their services.
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Dogecoin is based on Luckycoin which was based on Litecoin. Dogecoin uses scrypt technology for its (PoF) Proof of Work system. The Dogecoin network has block every minute which would seem to make it a good fit for businesses. It uses blockchain technology and that means the transactions are recorded in a digital ledger with no centralized authority in control.
Dogecoins have an interesting history, but so far they have had limited exposure. Their value has increased, but almost all cryptocurrencies have gone up in value because of Bitcoin. A number of exchanges trade Dogecoin, but because it is not a major cryptocurrency, it has to be bought using Bitcoin or Litecoin.
How do I buy Dogecoin?
You can buy Dogecoin by using one of the currency exchanges such as Poloniex or Bitfinex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchanged it for Dogecoin. You can then send Dogecoin to your sportsbook account and you can withdraw Dogecoin from your sportsbook account to your digital wallet.
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